The News-Herald. [volume] (Hillsboro, Highland Co., Ohio) 1886-1973, 1887-06-30
U. & N. w. Proposition.

At railroad meeting held on last
Wednesday representatives OF the o. &
N. W. r. r. Company submitted the fol.
lowing proposition, and the gentlemen
named were appointed committee to
lay the project before the people: G..
M. Overman, J. B. w. Spargur, Charles
Utman, J. Y. Dean, L. s. Smith, Geo. II.
w. Roush, F. F. Kibler, f. L. Ferris, M.
McKeehan, ]. DIV. Spargur, L. B. Boyd,
I. A. Feibel, F.W. Armstrong, G. +. Bell,
Enos Holmes, ]. G. Hallowell.
The sum of money asked for is simply
a loan to the company to be made good
in traffic bonds, which make the COM
pany sure of the patronage of the sub.
scriber. A copy of the road traffic bond
is also printed herewith. Here is the
proposition;
If the citizens of Hillsboro will make
good valid subscription to the traffic
bonds of the Ohio & North Western
Railroad Company to the extent of not
less than twenty thousand dollars, the
Company will, within ten days notice of
standard.guage road to he undertaken.
within thirty days after the opening of
its main line as standard-guage road.
It will reserve all the funds derived from
this subscription in excess of S15,O 900 for
grounds and depot buildings in the town
Of Hillsboro. twill require no payments
on this subscription until the road is
opened between Hillsboro and Sardinia
as standard-guage road, only proper
guarantee or deposit to secure final pay
ment being required. Ifit becomes nee.
essary to expend more than 5000 on
depot grounds and buildings, the com.
pany will make any additional expendi-
ture to the extent of $4,000 that CON-
mittee of their citizens may request and
apply traffic bonds thereto.
H. @. PARSONS.
THE OHIO & NORTHWESTERN
RAILROAD COMPANY
No....... TRAFFIC BOND. S......
For Halue Received, The Ohio & North
western Railroad Co. promises to pay
the registered holder hereof on the first
day OF January, one thousand eight hum
dred and ninety seven, at its office or
agency in the city OF Cincinnati, Ohio,
eAC SUM ~'ss's', Wltll lhtcTcSU ut LHe
rate OF six per centum per annum from
the date hereof, less any amounts of
principal and interest heretofore paid
as hereinafter provided. The principal
and interest OF this bond may be uzed to
pay for traffic at any time and from time
to time as follows; A receipt signed by
the holder hereof for the amount OF in.
terest accrued hereon up to the next
preceding day of January shall be ac-
cepted by this Company at its face in
payment for passenger tickets, or 10,
freight bills or charges; and all interest
accrued up to the next preceding first
day of January having been receipted
for as aforesaid, a receipt signed by the
holder hereof for any amount Of the
principal hereof, multiple of ten dollars
shall be accepted by this Company at its
face in payment of not exceeding twenty
per centum of any bill for charges fol
freight originating upon the line OF the
Company's railroad, this bond being pro
duced and the amounts OF payments sc
made being ipdorsed hereon and all pay
melts being credited as of the next pre-
oeding first day of January. This bono
is transferable only ON the books of the
Company, any transfer to be also noted
hereon by the Company 3 transfer agent
In Witness Whereof, The said Railroad
Company has caused to be affixed hereto
it's corporate seal, attested by its Secre
tary, and these presents to be signed by
its President this first day of April, 1887
| Attested;
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